Lagos/Ota/Abeokuta Roads To Be Tolled
Written by Smooth FM on September 9, 2019
The Ogun State Governor, Dapo Abiodun has disclosed that the Lagos and Ogun State Governments are planning to commercialise three federal roads: Ikorodu-Ogijo-Sagamu, Epe-Ijebu- Ode and the Lagos-Ota-Abeokuta roads.
Abiodun said his government in collaboration with Lagos State government is planning to engage in Public-Private Partnership in the construction and rehabilitation of the three roads.
According to the governor; a N26 billion debt is hanging on the state government’s neck over the construction of the Lagos-Abeokuta Expressway since the contract was signed in 2001.
Abiodun explained that the government is expected to pay over N1 billion every year to service the debt incurred on the road.
Governor Abiodun said the Lagos State Governor, Babajide Sanwo-Olu and himself had met and agreed to commercialise the roads by allowing the private investors fund and toll the roads.